Key Points Tesla (NASDAQ: TSLA) investors are counting down the days until the launch of the new Roadster electric sports car, an event CEO Elon Musk believes could be one of the most “exciting product unveils ever.” However, as Musk noted in April, the new Roadster is unlikely to move the needle on revenue, and, … Read more
Crypto Market Update: Apple, Google Recruits Fuel Crypto Rumors
The whipping post
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Wednesday (September 23) as of 11:00 a.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$85,904.75, trading 0.9 percent lower over the past 24 hours. Bitcoin price chart … Read more
Notable ETF Inflow Detected – SPYG, NVDA, MSFT, AAPL
The whipping post
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the State Street SPDR Portfolio S&P 500 Growth ETF (Symbol: SPYG) where we have detected an approximate $467.6 million dollar inflow — that’s a 0.8% increase week over week in outstanding units (from 451,300,108 to 455,100,108). … Read more
Why This Top Automaker's Gamble on V-8 Engines During a Hybrid Boom Actually Makes Sense
Key Points General Motors’ returns have dwarfed that of its peers over the past three years. While the competition is improving hybrid offerings amid a boom, GM is unveiling new V-8 engines. The automaker also has a plan, albeit trailing its peers, to attack the growing demand for hybrid options. 10 stocks we like better … Read more
3 Reasons to Hold Alibaba Stock Despite Its High Premium P/S
Alibaba Group BABA continues to trade at a premium price-to-sales multiple relative to its sector, a valuation gap that has left investors debating whether the stock still deserves a place in growth portfolios or whether a better entry point lies ahead. BABA is currently trading at a forward 12-month price-to-sales ratio of 1.64, above the … Read more